Wells Fargo acquires remaining stake in CP Equity (Castle Pines Capital) - MarketLine Financial Deals

Wells Fargo acquires remaining stake in CP Equity (Castle Pines Capital)

Wells Fargo acquires remaining stake in CP Equity (Castle Pines Capital) - MarketLine Financial Deals
Wells Fargo acquires remaining stake in CP Equity (Castle Pines Capital)
Published Jul 01, 2011
2 pages — Published Jul 01, 2011
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Brief Excerpt:

...Wells Fargo Bank, N.A., a diversified financial services company, has acquired the remaining equity interest in CP Equity, LLC, the sole owner of Castle Pines Capital LLC and its affiliates, Castle Pines Capital International LLC and CPC Global LLC (collectively, CPC). All the entities are based in the US. Announcement (May 26, 2011): Wells Fargo Bank has entered into a definitive agreement to acquire the remaining equity interest in CPC. CPC, which has approximately 60 employees, provides innovative, worldwide channel financing solutions to resellers in the technology industry. In 2007, the two companies entered into a strategic alliance which included a minority equity investment by Wells Fargo in CPC. Morgan Stanley is acting as financial advisor to CPC and Bryan Cave LLP is acting as its legal advisor. The transaction is expected to be completed this summer. Target CP Equity, LLC Acquirer Wells Fargo Bank, N.A Deal status Completed Deal category Acquisition Deal sub-category Majority...

  
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MA64347_110530
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WFC=US
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MLA:
MarketLine Financial Deals. "Wells Fargo acquires remaining stake in CP Equity (Castle Pines Capital)" Jul 01, 2011. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Wells-Fargo-acquires-remaining-stake-in-CP-Equity-Castle-Pines-Capital-2052-63835>
  
APA:
MarketLine Financial Deals. (2011). Wells Fargo acquires remaining stake in CP Equity (Castle Pines Capital) Jul 01, 2011. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Wells-Fargo-acquires-remaining-stake-in-CP-Equity-Castle-Pines-Capital-2052-63835>
  
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